Germany

German Antitrust Watchdog Takes New Step To Regulate Google
German Antitrust Watchdog Takes New Step To Regulate Google
January 05, 2022  |  Google

In a move that could spell trouble for Google, the German antitrust regulator Bundeskartellamt ruled that the tech giant has “paramount significance across markets,” according...

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Delivery Hero Leaves German Cities and Japan, Citing Competition, Driver Shortages
Delivery Hero Leaves German Cities and Japan, Citing Competition, Driver Shortages
December 22, 2021  |  Delivery

Delivery Hero’s Foodpanda unit will exit six German cities — Cologne, Düsseldorf, Frankfurt, Hamburg, Munich and Stuttgart — and sell its Japanese Foodpanda division in...

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Smartphone Procurement Firm everphone Raises $200M 
Smartphone Procurement Firm everphone Raises $200M 
December 06, 2021  |  Investments

The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe,...

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WU: On Track to Launch Digital Bank Pilot by Year’s End
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021  |  Earnings

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release....

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Germans Hit with Higher Prices Across the Board 
Germans Hit with Higher Prices Across the Board 
October 28, 2021  |  International

Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad...

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Bitcoin Daily: German Institutional Funds Can Invest In Crypto; Bitcoin Miners Bring In $970M In July
Bitcoin Daily: German Institutional Funds Can Invest In Crypto; Bitcoin Miners Bring In $970M In...
August 01, 2021  |  Bitcoin

Under a new plan in Germany, some institutional funds will be able to invest billions in cryptocurrency, which has never happened before, Bloomberg reported. The...

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Germany Denies Reports Of Cyberattack On ‘Critical’ Infrastructure, Banks
Germany Denies Reports Of Cyberattack On ‘Critical’ Infrastructure, Banks
June 30, 2021  |  Security & Fraud

A cyberattack on German data service provider that works with government groups wasn’t a part of a larger, more comprehensive attack, according to Bloomberg. According...

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Germany Ponies Up $12B To Boost Tech Startups’ Growth
Germany Ponies Up $12B To Boost Tech Startups’ Growth
June 22, 2021  |  Investments

Germany has created a $12 billion fund to speed up the growth of startups in the technology sector. The country sees such companies as key...

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BaFin Appoints Supervisor To Monitor N26’s AML Controls
BaFin Appoints Supervisor To Monitor N26’s AML Controls
May 12, 2021  |  AML

Germany’s main financial regulator, the Federal Financial Supervisory Authority (BaFin), has ordered German neobank N26 to increase its anti-money laundering (AML) efforts, according to an...

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